Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: wez on May 01, 2024, 08:46:44 AM



Title: What is bitcoin for you?
Post by: wez on May 01, 2024, 08:46:44 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.


Title: Re: What is bitcoin?
Post by: Davidvictorson on May 01, 2024, 09:05:25 AM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.


Title: Re: What is bitcoin?
Post by: wez on May 01, 2024, 04:01:15 PM

Alright, I should've asked: What is bitcoin for you?


Title: Re: What is bitcoin for you?
Post by: Dunamisx on May 01, 2024, 05:03:06 PM
Bitcoin is a digital currency, asset and and financial advisory that creates the avenue for your privacy, security and profitability, Bitcoin is all about having freedom in financial aspects, if you think you're done and tired of government, KYC and regulations, then you need to learn about bitcoin, adopt it and invest in it, these are the hidden truth the government will not allow for you to go for except you make a discovery of that by yourself.


Title: Re: What is bitcoin for you?
Post by: m2017 on May 01, 2024, 05:28:06 PM
"What is bitcoin for you?"

I find it difficult to single out just one thing in bitcoin. For me, it is like a multifunctional financial tool, the application of which will differ depending on the situation and goals.

In the long term, bitcoin is a speculative instrument (still, at some point all will sell this or part of it) combining the function of a bank (savings) deposit and a protective asset against inflation.

In the short term - electronic international (quoted in any country) digital money (with solvency restrictions due to the small number of sellers accepting this currency), allowing you to pay or transfer in a matter of minutes (if the meme-pool is not overloaded).

In terms of independence and privacy, this is a tool that gives financial independence and freedom from any third parties (governments, banks) and maintains confidentiality (subject to a number of measures) of financial activities.


Title: Re: What is bitcoin?
Post by: Riginac111 on May 01, 2024, 05:50:07 PM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.
in addition with what you said so far I think that what you supposed to be doing concerning bitcoin is to make sure that it read across of all the topics that is around so as a new being or a beginner in this forum the question that he should be asking supposed to be a question that related to bitcoin and is supposed to make a research before any question will come up to this community I know that bitcoin is a digital currency and the meaning of you who is into this community has already known the impact of Bitcoin not as the new person who is into the community


Title: Re: What is bitcoin?
Post by: Obari on May 01, 2024, 06:01:29 PM

Alright, I should've asked: What is bitcoin for you?
Finely restructured 😂

But basically and simply put that bitcoin is an online money and even google would give you several different meanings and definitions of bitcoin but personally, when I hear bitcoin, first thing that rings in my head is that, bitcoin is an “online money” and I don’t know if google has this definition but that’s the first thing that rings in my head when someone ask what bitcoin is.

Just as the first user responded, you’re already in a bitcoin forum which is more like a bitcoin and even wouldn’t be wrong to generalize it as crypto encyclopedia, rather than just bitcoin encyclopedia and what this means is that, whatever you truly want to learn especially from people with personal experience m, then you can ask over here.
Feel fre and cruise the forum as everything you need to know about bitcoin and cryptocurrency at large is over here.


Title: Re: What is bitcoin for you?
Post by: bitzizzix on May 01, 2024, 06:35:27 PM
For me, Bitcoin can give me the freedom to manage my own assets without interference from other people, be it banks, financial institutions and so on and this is truly freedom and control completely in my own hands.
And besides that Bitcoin is anonymous because I need transactions that do not have to be printed in my bank account which makes transactions difficult and time consuming, and Bitcoin is the solution and can also carry out transactions without time limits and country restrictions.
And the most important thing for me is to own or invest Bitcoin very profitably when the price rises and also for my future or old age. And I am very confident and optimistic that in the future the price of Bitcoin will be much higher and also provide many benefits for me, because as long as I have Bitcoin I feel many good benefits, especially from a financial perspective. So in my opinion, while I was involved in Bitcoin, I got a lot of benefits and also very valuable experiences that I had never had or experienced before. And I am very lucky to be involved with Bitcoin, otherwise I would be very sorry because the reality is that so far only Bitcoin has the ability to change my situation.

And I just tried to explain Bitcoin's uses and benefits to me to the OP and they are all real things I have experienced and know about and although there is much more. And the OP must study and understand it well if he wants to get involved, especially the risks involved because Bitcoin will be very useful and profitable if it is with the right person.


Title: Re: What is bitcoin for you?
Post by: Odusko on May 01, 2024, 07:10:52 PM
With the wealth of material about bitcoin here on bitcointalk I don't think you need anything else to make up for your understanding of what bitcoin is and how I individuals takes bitcoin, but is a general note bitcoin is a digital currency which is decentralised and offers it users the freedom over they financial dealings and freedom over they money.
Bitcoin is a digital gold in such that it have volitility in it value so for that it asset nature give bitcoin holders the ability to make profits from bitcoin increasing value.


Title: Re: What is bitcoin for you?
Post by: BABY SHOES on May 01, 2024, 08:37:06 PM
Bitcoin is financial freedom we can hold bitcoins without third party control.

Like others I would consider Bitcoin to be digital gold that only has a limited supply this asset will continue to grow over time with the passage of decades.

There are many benefits of bitcoin after getting to know it, but do you yourself feel the benefits of bitcoin as its usefulness?


Title: Re: What is bitcoin for you?
Post by: The Cryptovator on May 01, 2024, 09:10:55 PM
For me, the best and most useful features of Bitcoin are financial freedom and borderless transactions. I became financially established through Bitcoin and crypto, so I can spend my money anywhere in the world as I wish. I can accept payment from anywhere without any troubles or third parties. So this is the life-changing opportunity that Bitcoin gives me. If I wasn't introduced to Bitcoin, then I would struggle in my life. Each of us would have a different reason to love Bitcoin; I just express my opinion. 


Title: Re: What is bitcoin?
Post by: btc78 on May 01, 2024, 09:38:50 PM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.
I guess op is looking for a more personal and heartfelt response.

For some bitcoin is freedom and survival. It is security as much as it is hope for other people. Bitcoin has managed to turn a lot of people’s lives and make them better. As we are all different, we all approach bitcoin in different ways. We started all differently and I am hoping that we all end the same way: successful and happy.


Title: Re: What is bitcoin for you?
Post by: decodx on May 01, 2024, 09:47:53 PM
For me, Bitcoin is all about eliminating the middleman.  Banks, governments, and all that jazz - they slow things down and skim off the top.  It's about control over my money and the right to privacy.  I don't want them to know absolutely every cent where I spend. And I'm not talking about illegal things here.


Title: Re: What is bitcoin?
Post by: Mate2237 on May 01, 2024, 10:14:21 PM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.
Thanks you very much for this advice. There are some newbies will just come to the forum and they are the people to advise other newbies what to do instead of them to learn more about the forum and Bitcoin itself. If this Op is really wants to learn bitcoin and it community he would asked some questions, because even this topic that he has created someone has created it before and people has made comments in that thread. He would have made some research first to know if this topic has been created before creating his own.

Op take the advice from Davidvictorson. You are here to learn and if you have known bitcoin before coming to this place then you wouldn't create this trash in the forum therefore you are here to learn so read more.


Title: Re: What is bitcoin for you?
Post by: Die_empty on May 01, 2024, 10:58:06 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
The increase in the rate of criminal activities in my location which includes kidnapping for ransom is a source of concern to many people. It has also been discovered that these criminals get information about the worth of their targets from bank officials. Bitcoin's privacy is an option for hiding how much you are worth from the public space. So Bitcoin for me is a good way to be anonymous.

The rate at which my local currency is losing its value due to inflation is also alarming. Bitcoin seems to be a good hedge over inflation. It is better to save your funds in Bitcoin than to keep it at the mercy of an inflation-prone local currency. Bitcoin is a viable means of saving for the future.


Title: Re: What is bitcoin for you?
Post by: SatoPrincess on May 01, 2024, 11:01:27 PM
Bitcoin means different things to different people. For some, Bitcoin is digital currency and should be used as such. For many, it is an investment - an asset they can use to hedge inflation and hopefully make profits in the future. For others, Bitcoin is freedom from the system - freedom from financial institutions and governments. For crypto traders, Bitcoin is a tool for trading on the crypto market. And for me, Bitcoin means all of these things.


Title: Re: What is bitcoin for you?
Post by: Nothingtodo on May 01, 2024, 11:02:25 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
First share your experience about Bitcoin with us then we will share our experience with you. Since you are completely new here, you don't think it is acceptable to share such experiences. First you spend your valuable time and experience in bitcoin forum then share your experience with us. Bitcoin is universal and Bitcoin plays the most important role for lifestyle change in our life. So I consider Bitcoin as a life changer in my life.


Title: Re: What is bitcoin for you?
Post by: Faisal2202 on May 01, 2024, 11:21:28 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
At first on this forum I joined bounties and earned money in alts and those alts were so unpredictable that sometimes I lost half or full of what I earned. But when I started to earn in BTC and started to use that BTC for holding purposes I realize the true capacity of BTC and why holding BTC is far better than holding alts. Then slowly slowly I learned about it and still learning. BTC has made me more profit than any other alts. Even if it's a few bucks but profit is profit.

I would say in the long run BTC is the best choice over any other alts but I might choose ETH for some reason but still BTC is my first priority. It has a scarcity factor and demand is already increasing. Governments are allowing it making it legal. New tax and rule and regulations are being made for BTC and overall crypto industries and many new countries will also accept BTC ETF which will bring more adoption so all these factors are main reasons that keep me loving BTC plus BTC is the king  8)


Title: Re: What is bitcoin for you?
Post by: virtual_enthusiasm on May 02, 2024, 01:52:38 AM
Bitcoin is the result of a great discovery made by satoshi nakamoto, the proof of work method, that stores money into energy form, without leaks

and cannot be copied, because proof of work prevents double spending, so there's only bitcoin


Title: Re: What is bitcoin for you?
Post by: Volimack on May 02, 2024, 02:40:24 AM
Bitcoin is a digital currency and more popular for investment. It is a currency that you can hold for long term and you will get very good profit. These coins can be used to make financial transactions online. Since cryptocurrency transactions are conducted through the blockchain network, there is no proof of origin. The biggest thing is that there is financial freedom.


Title: Re: What is bitcoin for you?
Post by: Pandu Geddon on May 02, 2024, 03:26:22 AM
Many Bitcoin users have already benefited. either from investing in Bitcoin in the past or from using Bitcoin as a means of payment.
I used to focus on collecting Bitcoins and making a profit from the investment. but now, we can shop for goods or services with Bitcoin from platforms that accept payments in Bitcoin.
such as purchasing hosting for our work needs. or any item. we haven't seen this happen all over the world. but maybe it's only a matter of time when everyone realizes the benefits that can be gained from using Bitcoin. Not just investing and getting profits, Bitcoin has better value.


Title: Re: What is bitcoin?
Post by: YUriy1991 on May 02, 2024, 03:31:16 AM

Alright, I should've asked: What is bitcoin for you?

Do you see the current financial crisis as the object of all the inequality caused by governments, which are always negligent and fail to maintain economic stability? There are many found that they only work for personal gain and their class by always bringing issues about the fate of people who are in difficulty to smooth their programs.

If so, prepare yourself and your belt for now otherwise we will always be in the condition we are now. If not, you can just relax but there are severe financial risks that will hit the future.

In addition, BTC is also an attractive choice for business people who want to expand their business into the international market and now we are required to have a foresight not even backward because the world continues to move forward OP.


Title: Re: What is bitcoin for you?
Post by: bettercrypto on May 02, 2024, 05:29:03 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Well, literally speaking, Bitcoin for me is a type of digital money; it is not even touchable, but it can be exchanged in any fiat country we are in. And apart from that, it is also a long-term investment that can also be considered because it is like investing in mutual funds, with the only difference being that this bitcoin increases in value as time passes.

This is also an opportunity for anyone who will believe in this, because I believe in what I am saying because it has been proven and tested, to be honest.


Title: Re: What is bitcoin?
Post by: Learn Bitcoin on May 02, 2024, 05:32:26 AM
What is bitcoin for you?

The counter question will be, does it vary from person to person? It's not a feeling or something. Bitcoin is a currency, but if I say it is gold or diamond, it won't change. Almost everyone sees Bitcoin as a currency and an asset where we can invest with the hope that we may get a good return in the future. According to the whitepaper
Bitcoin: A Peer-to-Peer Electronic Cash System

So, if you ask what Bitcoin is for you, This is not a question buddy. The answer does not change. No matter to whom you ask it. It's still money for the rich people and even for average people like me.


Title: Re: What is bitcoin for you?
Post by: Winterfrost on May 02, 2024, 12:24:13 PM
Many Bitcoin users have already benefited. either from investing in Bitcoin in the past or from using Bitcoin as a means of payment.
I used to focus on collecting Bitcoins and making a profit from the investment. but now, we can shop for goods or services with Bitcoin from platforms that accept payments in Bitcoin.
such as purchasing hosting for our work needs. or any item. we haven't seen this happen all over the world. but maybe it's only a matter of time when everyone realizes the benefits that can be gained from using Bitcoin. Not just investing and getting profits, Bitcoin has better value.
the volatile nature of Bitcoin coupled with the upward trend of Bitcoin has blinded alot of people from seeing that Bitcoin decentralized nature that enables seamless international transaction is one of it greatest feature that made it popular from the outset. Bitcoin might have gained a lot in terms of it value over the years making it one of the greatest investible asset in the globe but it decentralized nature still stands out as one of its top feature.


Title: Re: What is bitcoin for you?
Post by: MiF on May 02, 2024, 12:55:54 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is a kind of digital currency it is decentralized no one controls the price and it is a good investment, bitcoin will surely become more popular in the future that even a young people will know about it and how to earn by just holding it, i believe that the price of bitcoin will become double in the future because many people will use it in the near future.


Title: Re: What is bitcoin for you?
Post by: Onyeeze on May 02, 2024, 01:28:14 PM
Bitcoin is a digital currency and more popular for investment. It is a currency that you can hold for long term and you will get very good profit. These coins can be used to make financial transactions online. Since cryptocurrency transactions are conducted through the blockchain network, there is no proof of origin. The biggest thing is that there is financial freedom.
that are not people most is when they purchase bitcoin and the price is high and later the price of bitcoin began to depreciate, measuring people who invest at that moment does not get a encouraged as the price of Bitcoin is depreciating so that is why you cannot blame anyone who purchase bitcoin when the prices are so it is better for you to purchase a bitcoin when the price is low and after the increment I'm the price is dropping slowly in the market so you will not get much upset and you will not panic because you know when you purchase your bitcoin and you also know the profit you have made when the price increases so investing in Bitcoin in something good but I know quite well that holding a bitcoin is good to but it is when you purchase when the prices is low


Title: Re: What is bitcoin for you?
Post by: Marvell1 on May 02, 2024, 01:32:15 PM
Bitcoin means different things to different people. For some, Bitcoin is digital currency and should be used as such. For many, it is an investment - an asset they can use to hedge inflation and hopefully make profits in the future. For others, Bitcoin is freedom from the system - freedom from financial institutions and governments. For crypto traders, Bitcoin is a tool for trading on the crypto market. And for me, Bitcoin means all of these things.
It can be said that the original purpose of bitcoin created by Satoshi was just to become a peer-to-peer currency without the need for third-party intervention. But now bitcoin has been used by people in many different cases and it depends on each person's needs. To me, bitcoin is nothing more than a multifunctional tool such as an asset, a peer-to-peer currency, a tool that can turn us into our own bank...and so much more other use cases. We can use bitcoin depending on different cases and circumstances. Don't care what other people use bitcoin for, use bitcoin the way you think is most comfortable for you.


Title: Re: What is bitcoin?
Post by: Stepstowealth on May 02, 2024, 01:36:34 PM
What is bitcoin for you?
I know that there is a normal definition of what bitcoin is, but I have always said I consider bitcoins as a step to wealth, And that is because that is what I see it as. Before investing in Bitcoin or knowing about Bitcoin I always wonder how it's possible for someone to run into wealth, Bitcoin has given me hope of that possibility.
Bitcoin is a good opportunity at a better life, investing in bitcoins today can secure the future of tomorrow.


Title: Re: What is bitcoin?
Post by: Strongkored on May 02, 2024, 01:53:06 PM

Alright, I should've asked: What is bitcoin for you?
I can use Bitcoin as a digital payment option if I want to do that but I can also use it as an investment tool, because looking at the history of Bitcoin prices will give you bigger profits if you want to hold it longer.
Bitcoin is different for everyone, some even only think of it as a coin for trading on the exchange to get profits in fiat because they consider fiat to be much more valuable than Bitcoin.
Whatever people think about Bitcoin is based on the information they get and also their experience while learning about Bitcoin, and what is wrong is when they consider Bitcoin as a coin that can make them rich quickly or who consider Bitcoin a scam and also a bubble


Title: Re: What is bitcoin for you?
Post by: avikz on May 02, 2024, 03:00:03 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin is an investment for me. I do not considered Bitcoin as a currency system because it is slow and expensive compared to the options we have. So it is a pure form of investment which I believe has the power to outperform all other investment assets. I have been investing in Bitcoins in a long time now and I will continue for few more years before stopping. Then I have a plan to keep all my Bitcoins in a cold storage for my retirement. If everything goes well I might retire early.


Title: Re: What is bitcoin for you?
Post by: Natsuu on May 03, 2024, 01:57:33 AM
Many Bitcoin users have already benefited. either from investing in Bitcoin in the past or from using Bitcoin as a means of payment.

Bitcoin for me is a land mine of opportunity online. Not only in monetary value but also the value it gives to the community. You go in forums, you see people teaching each others or heightening their asset securities. You go on twitter, you will see people sharing tips and information about the lowcaps or trending investments.

Not only Bitcoin gives a future for a broader investments but also the knowledge it can give in the 21st century. Like for instance in businesses. It's a lot more advantageous because they business owners now leverage the power of compounding in cryptocurrency.


Title: Re: What is bitcoin for you?
Post by: Darker45 on May 03, 2024, 02:13:05 AM
Although Bitcoin could indeed mean differently to different people, that's secondary. How you personally treat Bitcoin is secondary to what Bitcoin strictly is. Especially to a newbie, I'd rather stick to the definition of Bitcoin as "a peer-to-peer electronic cash system" than those various figurative and subjective interpretations of Bitcoin.

I mean, yeah, Bitcoin is "financial freedom", "digital gold", "the community", and so on and so forth, but it doesn't actually explain to somebody what Bitcoin truly is.


Title: Re: What is bitcoin for you?
Post by: Patrol69 on May 03, 2024, 03:09:57 AM
Bitcoin is a very valuable currency not only to me but to everyone who knows about Bitcoin. For those who know about investing but don't have enough money to invest, Bitcoin investing is like a dream. Many times many people share how much they have struggled to invest which is great to hear and I feel very lucky to have enough investments. Many people have achieved success by investing. Such stories are often shared by many who hear the stories of how successful they are in investing and we should also achieve that success. Those who have investments in Bitcoin want to hold their investment for a long period of time and grow their investment so that they can earn a substantial profit from that investment in the future. Those who don't have investment try how to start their investment. That is, for those of us who know about Bitcoin, Bitcoin is an emotional place.


Title: Re: What is bitcoin for you?
Post by: pinggoki on May 03, 2024, 03:33:52 AM
For me, bitcoin is just something that you can use to make your life much easier in terms of finances, that way you can be sure that you won't ever see yourself in dire situations when you've got a way out, that's what bitcoin is, a way out for people that wants to escape the pitfalls of poverty, no two ways about it. As much as we like to embellish what bitcoin is to us, at the most basic, bitcoin is just a financial tool for you to do the things that you want to do in life, imagine your life without bitcoin, you will be struggling with the payments of your bills, you wouldn't be able to buy those new shoes because your salary is just enough for the basic needs and the bills. Bitcoin is liberty, freedom, and anything in that term but ultimately it's just a tool.


Title: Re: What is bitcoin for you?
Post by: Uhwuchukwu53 on May 03, 2024, 04:35:35 AM
Well Bitcoin for me formally though is digital currency only, as part of crypto in the ecosystem, deep down I begin to understand that Bitcoin is not only just online money as some speculate but it's also an investment, that usher all levels of investor according to what they can offered and required patient to benefit bigger profit after investing. Though some may said is for those who are financially solvent which is not true because the Bitcoin accommodate every investor based on their planing and able to hold by maintaining term and being consistent.


Title: Re: What is bitcoin for you?
Post by: 0t3p0t on May 03, 2024, 05:22:02 AM
For me Bitcoin is the key, a future proof asset, a tool and a way to privacy and financial freedom. This revolutionary digital money would help us regardless of financial status as long as we find ways to interact with it no matter what we are doing. For me less fortunate people still has the chance to prosper through it compared to fiat which is not inflation proof.


Title: Re: What is bitcoin for you?
Post by: Marvell1 on May 03, 2024, 07:31:54 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin is an investment for me. I do not considered Bitcoin as a currency system because it is slow and expensive compared to the options we have. So it is a pure form of investment which I believe has the power to outperform all other investment assets. I have been investing in Bitcoins in a long time now and I will continue for few more years before stopping. Then I have a plan to keep all my Bitcoins in a cold storage for my retirement. If everything goes well I might retire early.
Although each person can use bitcoin for different purposes, it cannot be denied that the vast majority of people consider bitcoin as an investment more than any other purpose, and I am also one of them. We can use bitcoin to protect our privacy, our own banking, but perhaps profit is what we really seek from bitcoin. Because in my opinion, if we don't have money, what's the point of protecting privacy? No government or robber will care about a person without money, and privacy in this case really means nothing.

There are still some people who want to make Satoshi's idea a reality of turning bitcoin into a currency, but I agree with you that bitcoin will not become a currency because it is slow and expensive. Bitcoin is really not suitable to be a currency.


Title: Re: What is bitcoin for you?
Post by: Riginac111 on May 03, 2024, 08:39:13 AM
Bitcoin means different things to different people. For some, Bitcoin is digital currency and should be used as such. For many, it is an investment - an asset they can use to hedge inflation and hopefully make profits in the future. For others, Bitcoin is freedom from the system - freedom from financial institutions and governments. For crypto traders, Bitcoin is a tool for trading on the crypto market. And for me, Bitcoin means all of these things.
bitcoin is a digital currency that has nothing to do with a Fiat currency and then mostly why people like bitcoin it is because it is decentralized currency nobody controls it and you are the one that monitor whatever thing you invest you don't have a third party that look over your investment, so I'm a likely say that investment in Bitcoin should be the most thing that we are supposed to take as one of the important thing for bitcoin investment


Title: Re: What is bitcoin for you?
Post by: Nrcewker on May 03, 2024, 09:06:27 AM
Many people have various perspectives regarding Bitcoins. If you ask me then back in 2016, it was just a coin with which I was doing online gambling at crypto casinos. At that point of time I didn’t know the actual value of the coin. I just exchange my cash for BTC, use it to gamble, win and then again exchange it to cash. But now for me Bitcoins are the best asset to make money or investment. I have seen Bitcoins growth from 100$ to 80k usd. Hence I know what it is capable of. So for me Bitcoins are now very precious coins whose value is increasing day by day.


Title: Re: What is bitcoin?
Post by: Razmirraz on May 03, 2024, 09:24:10 AM

Alright, I should've asked: What is bitcoin for you?
For me Bitcoin is like a multifunctional US card and Bitcoin has changed the way I store, transfer and invest money. Bitcoin is freedom because it protects finances, preserves privacy and increases accessibility to financial resources. When you have the freedom to pursue your ambitions and goals, you will become more creative, innovative and productive, ready to try new things and ready to take all risks to build wealth and enjoy the process. When you realize all the advantages and uses of Bitcoin in your life, that's when you have encouraged progress and growth in protecting your wealth from third party interference.



Title: Re: What is bitcoin for you?
Post by: salad daging on May 03, 2024, 10:00:19 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is an investment for me. I do not considered Bitcoin as a currency system because it is slow and expensive compared to the options we have. So it is a pure form of investment which I believe has the power to outperform all other investment assets. I have been investing in Bitcoins in a long time now and I will continue for few more years before stopping. Then I have a plan to keep all my Bitcoins in a cold storage for my retirement. If everything goes well I might retire early.
Bitcoin has benefited more than many, it is certainly a useful investment asset for all of us, the same that I will never consider bitcoin as a currency, fiat will remain in use for transaction purposes until whenever.

Some even say there is no asset as good as Bitcoin because only a short time bitcoin rises faster than gold only takes decades to grow, yes this clearly makes sense to me.

Just like you want to have assets for retirement even for education costs like it's good to save in bitcoin for more than a decade, but I haven't done that because every time there is a profit from investment it is always spent on other assets.


Title: Re: What is bitcoin for you?
Post by: riqo on May 03, 2024, 10:21:43 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin BTC honestly is just something transparent, I value transparency very much and in the case of bitcoin, it is present. I see bitcoin not only as a digital currency, but a project made by and for people who love what I mentioned before about transparency, something that is not seen in fiat money.

Many will say that it is money, an easy investment or an anti-system project, which I can agree with, but I emphasize that it is transparent and anti-border.



Title: Re: What is bitcoin for you?
Post by: Essential10 on May 03, 2024, 10:29:36 AM
For those who know about Bitcoin and those who have only heard the name Bitcoin I think Bitcoin is a very valuable asset. Some are going to fulfill their dreams by investing in Bitcoin, while others are dreaming of a future with Bitcoin. Bitcoin did not appreciate automatically or very quickly, the widespread adoption of Bitcoin has allowed it to reach its current value. People want to invest, earn money but don't want to reveal to everyone whatever he earns, that's why people choose bitcoin investment with faith. I myself invested bitcoin and held it, I don't know how far bitcoin can go but I believe Bitcoin will have a big impact in the future.


Title: Re: What is bitcoin?
Post by: redsun114 on May 03, 2024, 12:41:32 PM
What is bitcoin for you?
I know that there is a normal definition of what bitcoin is, but I have always said I consider bitcoins as a step to wealth, And that is because that is what I see it as. Before investing in Bitcoin or knowing about Bitcoin I always wonder how it's possible for someone to run into wealth, Bitcoin has given me hope of that possibility.
Bitcoin is a good opportunity at a better life, investing in bitcoins today can secure the future of tomorrow.
BTC's normal definition is a currency and an asset. Both are still related to your own definition. Not only you actually but I believe those all who are involved here are like that too. Before investing in BTC, it's important to know it first and by there, decide if which path we will venture. Will we use BTC as a currency means to our business or we will simply invest on it?

We can also choose not get involved in it because like others, we think its features are too risky for us and there are still alternatives out there that we think are better than it. You can always ask those who are successful already in Bitcoin if how they do that. I'm sure some are kind enough to gave you a tip but there are also info on the web which works better too.


Title: Re: What is bitcoin for you?
Post by: Ptb73 on May 03, 2024, 02:14:21 PM
Bitcoin means freedom to me. It lets me handle my money on my own, without depending on anyone else. Also, thanks to crypto, I've met many interesting people.


Title: Re: What is bitcoin for you?
Post by: kryptqnick on May 03, 2024, 02:22:23 PM
For me, Bitcoin is an independent digital currency and also tends to grow over time. It's not under control by any government or corporation, so it has no affiliation and the price is unregulated. While centralized exchanges often require KYC, people can keep their coins in self-custody, providing no information and truly being the owners of their coins, without needing to rely on any authorities.
It's just good to be able to use something that isn't so tied to politics and governments, and the upward long-term price trend doesn't hurt either.


Title: Re: What is bitcoin?
Post by: Miles2006 on May 03, 2024, 03:10:22 PM

Alright, I should've asked: What is bitcoin for you?
From what i learnt and practiced so far, bitcoin is a valuable asset use for storing wealth within a long period of time if only you’re willing to hold for long term without withdrawing a dime from your investment, when something is considered as a store of wealth we can also transfer this investment to our children and grandchildren so bitcoin can be considered as a generational asset. Aside bitcoin being a valuable asset you can actually make transactions using bitcoin across borders like foreign transactions and within transactions, making transactions look fast, this is what I understand and practice when it comes to bitcoin.


Title: Re: What is bitcoin for you?
Post by: famososMuertos on May 03, 2024, 03:27:26 PM
That is a classic question channeled to the respective area where it is asked, at school what does it mean to study, a job interview, what does "x" thing mean, etc. oh, and of course, the bitcoin forum; Then, how original you are...consequently that will have an individual impact on each person and that would serve to channel a profile of the person asking the question to their usefulness needs on the person who asks it. That said, that question intrinsically has an impact on me.

That is, if you have your doubts, and you look for help in the ideas of others, look in the mirror, that reflection you see in the mirror is the answer to what it means for each of us.

: ) /<·3


Title: Re: What is bitcoin for you?
Post by: Juse14 on May 03, 2024, 04:25:46 PM
Bitcoin is a digital currency designed to act as money and a form of payment. Due to current technological developments, especially in the digital field, Bitcoin has really helped us in buying and selling goods and money transactions with Bitcoin in various countries. Which of course makes my daily transactions more flexible.

For me, Bitcoin is very helpful because we can save our finances so that we don't get hit by inflation, which now many countries are hit by very significant inflation. Including in the country where I currently live.

We can also use Bitcoin for investment, where when Bitcoin was launched until now the price tends to rise.


Title: Re: What is bitcoin for you?
Post by: laijsica on May 03, 2024, 04:54:04 PM
I think of Bitcoin as an advanced element for the economy. Where inflation is destroying the economy of every country. As a result of the decentralized system, it has spread directly and indirectly to every country in the world as an independent cryptocurrency. Many investors, big and small, continue to invest in the Bitcoin market and hold through holdings. At present, people's interest in Bitcoin is increasing day by day and its demand continues to increase.


Title: Re: What is bitcoin for you?
Post by: lizarder on May 03, 2024, 06:34:18 PM
for me it is the history, people connected to it, the community and everything surrounding it.
What is certain is that bitcoin has value and as time goes by the price of bitcoin continues to rise so that people will benefit from profits when investing in it. If we ask about benefits then what we can describe is how bitcoin can provide benefits and that happens because bitcoin is the best asset that has ever existed, especially in this industry. We have seen the history of Bitcoin's development from the time it was launched until now and when we are able to learn, we will get real benefits.

Even though this asset fluctuates, its value continues to rise and even though the correction process will continue to occur all the time. Bitcoin has provided freedom for anyone involved in it so that people can reach a much better stage when investing in it. I consider it an effort to reach the stage of financial freedom and we will get that if we consistently carry out investments correctly.


Title: Re: What is bitcoin?
Post by: lalabotax on May 03, 2024, 09:20:44 PM

Alright, I should've asked: What is bitcoin for you?
So, this is the question.
Well, it's more than more than what we think and expect.

I don't want to say much about what Bitcoin means to me. However, it was something very valuable for me, which helped me get out of some financial related problems before. Bitcoin seems to give hope to anyone who wants to achieve it without discrimination, whether rich or poor. That's what I really feel. And this does not limit anyone from taking various benefits on Bitcoin.

For me personally, perhaps at the moment I am not yet ready to use and optimize Bitcoin as a means of payment because of the legal status in our country. But what is certain is that Bitcoin is a very valuable investment asset for me personally.


Title: Re: What is bitcoin for you?
Post by: Belarge on May 03, 2024, 10:16:24 PM
I think of Bitcoin as an advanced element for the economy. Where inflation is destroying the economy of every country. As a result of the decentralized system, it has spread directly and indirectly to every country in the world as an independent cryptocurrency. Many investors, big and small, continue to invest in the Bitcoin market and hold through holdings. At present, people's interest in Bitcoin is increasing day by day and its demand continues to increase.
We continue to fight for the struggled because this current condition ought to change. More like seeing flashy cars all from bitcoin. Bitcoin have played major role in the life and I've accomplish the high ratio of the project despite the huge pumps and massive dumps. Bitcoin existence have provided aides for many people and we should always look upper to gain the clearer picture. I know it's important to upgrade our levels in the system but we should look upon the brighter side, no relenting efforts have been made.


Title: Re: What is bitcoin for you?
Post by: Riginac111 on May 03, 2024, 10:38:38 PM
Everyone have its own principle of investing in Bitcoin and the every person knows exactly the thing that made him or her to invest in Bitcoin so investing in Bitcoin you must have a principal target that make you to invest in Bitcoin so for me the reason why we are investing in Bitcoin it is because it is a decentralized currency there is no one even the government that come control day investment or control the power of Bitcoin so let us be sincere for the reason why we love bitcoin and also invest in Bitcoin


Title: Re: What is bitcoin for you?
Post by: Popkon6 on May 04, 2024, 11:31:14 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

You are basically where you are Bitcoin Forum This place is a repository of knowledge, from here you will find all kinds of information related to Bitcoin and any help. It's a different world about where you are so if you can roam around this forum like a free bird. And from here you can gather all the knowledge about Bitcoin, keep reading carefully.


Title: Re: What is bitcoin?
Post by: Antotena on May 04, 2024, 12:03:31 PM

Alright, I should've asked: What is bitcoin for you?

Bitcoin means freedom, freedom that is not tide to anyone opinion, you leave spend the way you like and invest the amount you want without having a third party knowing fully how you did it, why you did it and when you did it. You don't have to wait for person approval before you spend, you don't need to explain why you want to send, this is why I Bitcoin is freedom to me because you can't have this anywhere in any financial system that comes with decentralization.

Bitcoin freedom makes you the boss because you onw your private keys, you can't have this anywhere but if it's banks, even with your signature you need their authorization, even with their debit card you still need their authorization, and without their network, you wouldn't be able to spend. Bitcoin is not like that, the freedom to spend 24/7 is there without anyone dependency.


Title: Re: What is bitcoin for you?
Post by: CageMabok on May 04, 2024, 12:20:48 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
If you ask about Bitcoin, of course for me Bitcoin is the best asset that I have known so far and if you want answers through videos, URLs and stories about Bitcoin. I think you can find it on YouTube and on several trusted websites because you only need to type it into Google or other search engines to find out more about Bitcoin. Because if you want stories from many people here, of course there won't be enough time for you to read them one by one, unless you want to use your time to be here every day to read them all.


Title: Re: What is bitcoin for you?
Post by: coinerer on May 04, 2024, 12:39:41 PM
Bitcoin is a digital currency, asset and and financial advisory that creates the avenue for your privacy, security and profitability, Bitcoin is all about having freedom in financial aspects, if you think you're done and tired of government, KYC and regulations, then you need to learn about bitcoin, adopt it and invest in it, these are the hidden truth the government will not allow for you to go for except you make a discovery of that by yourself.
Bitcoin is financial freedom for me. because here any large amount can be transacted and it can be done with complete confidentiality. And since it is a strong asset, one can definitely invest here and get profits more than other investments. that's why I like Bitcoin a lot and I have no fear in investing in Bitcoin. I think almost everyone likes Bitcoin for these reasons.


Title: Re: What is bitcoin for you?
Post by: legendbtc on May 04, 2024, 01:12:01 PM
Bitcoin is a digital currency, asset and and financial advisory that creates the avenue for your privacy, security and profitability, Bitcoin is all about having freedom in financial aspects, if you think you're done and tired of government, KYC and regulations, then you need to learn about bitcoin, adopt it and invest in it, these are the hidden truth the government will not allow for you to go for except you make a discovery of that by yourself.
Bitcoin is financial freedom for me. because here any large amount can be transacted and it can be done with complete confidentiality. And since it is a strong asset, one can definitely invest here and get profits more than other investments. that's why I like Bitcoin a lot and I have no fear in investing in Bitcoin. I think almost everyone likes Bitcoin for these reasons.

I believe this is the main reason why we all choose bitcoin and invest in it. Many people say they are tired of the government tracking them, they need privacy... but in the end, I still think any reason is less convincing than profit. Look at today's pragmatic society where money comes first, people do anything just to have money. Therefore, it would be a lie if someone said that they chose and invested in bitcoin not for profit.
No one wants to refuse quick wealth, and everyone wants to become rich with their little capital. But among all the assets today, other than bitcoin, there is no asset that can give x10, x100 returns.


Title: Re: What is bitcoin for you?
Post by: Blitzboy on May 04, 2024, 02:04:22 PM
Bitcoin is significant. Its more than just a computer thing; its a set of beliefs. Totally changes the way money is dealt with, see? The best kind of money change is coming. Thats the future: decentralized and safe. We're not trying to get rich quickly; we're just trying to make things more fair. People in the Bitcoin world are the real deal. The world is being changed by smart, creative people. These are the richest people's freedoms, but everyone can get them too. These steps will help us build a better economy than the old one.


Title: Re: What is bitcoin for you?
Post by: Ever-young on May 04, 2024, 02:24:12 PM
Bitcoin is significant. Its more than just a computer thing; its a set of beliefs. Totally changes the way money is dealt with, see? The best kind of money change is coming. Thats the future: decentralized and safe. We're not trying to get rich quickly; we're just trying to make things more fair. People in the Bitcoin world are the real deal. The world is being changed by smart, creative people. These are the richest people's freedoms, but everyone can get them too. These steps will help us build a better economy than the old one.
That's a perfect perception of Bitcoin I must commend.
The world used to have this this view about money having a centralised nature, and bitcoin has come to revolutionize that perspective about money as well as the financial system.

The core of the vision backing the bitcoin movement has always been security, privacy and decentralisation, and this has really created a more accessible economy to everyone who choose to embrace it.
That's what Bitcoin is all about and not a get rich quick scheme like so many pictures it to be, no it's more about creating a more transparent system and economy for everyone.


Title: Re: What is bitcoin?
Post by: Ale88 on May 04, 2024, 04:28:14 PM
Alright, I should've asked: What is bitcoin for you?
For me bitcoin is something that changed the way I see the world because after I discovered it, it makes you ask yourself several question about the financial world and how we deal with our money, and in that moment I realized how little I knew about that world, and pretty much everything I thought I knew, was wrong. Bitcoin for me has been like a revelation, a complete change of mentality, it's one of those events that really change your life forever.


Title: Re: What is bitcoin for you?
Post by: lizarder on May 04, 2024, 05:06:28 PM
Bitcoin is significant. Its more than just a computer thing; its a set of beliefs. Totally changes the way money is dealt with, see? The best kind of money change is coming. Thats the future: decentralized and safe. We're not trying to get rich quickly; we're just trying to make things more fair. People in the Bitcoin world are the real deal. The world is being changed by smart, creative people. These are the richest people's freedoms, but everyone can get them too. These steps will help us build a better economy than the old one.
In essence, bitcoin becomes more important when people are really able to use it because if people don't do anything then bitcoin has no meaning for each individual. I don't want to say more about decentralized because what we really want is how freedom can be exercised to generate profits. Times are increasingly sophisticated and big changes will always be present in human life and the most important thing is that humans themselves are able to interpret the benefits provided by Bitcoin itself.

Ultimately we will talk about benefits and no longer demand a feasibility process when used or not. This is in line with the thinking of more open people, that rejecting progress is a step backwards that humans will face and they will always be left behind because they are unable to keep up.


Title: Re: What is bitcoin?
Post by: Shamm on May 04, 2024, 05:26:33 PM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.
for me anything we need to know about Bitcoin is is already here in the community and one of the best thing to compare is that this community is like a school which is we can get more knowledge if we are interested to know more then exploring the forum is the best thing to do cause in the end of the day people around here is gaining knowledge that we can't find bro other place. Cause creator of Bitcoin is the the who creates this community so all we need to know is already here.


Title: Re: What is bitcoin for you?
Post by: GideonGono on May 04, 2024, 06:02:35 PM
For me I see it as the beginning of all this crypto that we have right now, I would say that it is like the start of everything that we have in crypto space right now.
I experience so many first in Bitcoin, my first investment, being scammed (from online investment HYIP, Ponzi Schemes, and Cloud Mining), first time earning online, gambling online, and of course let's not forget crypto trading.
So many things change on my life because of crypto currency (Bitcoin), and I could say that it was for the better, and I hope that it would continue to show me a better results in the future as well.


Title: Re: What is bitcoin for you?
Post by: Egii Nna on May 04, 2024, 06:59:48 PM
Bitcoin is significant. Its more than just a computer thing; its a set of beliefs. Totally changes the way money is dealt with, see? The best kind of money change is coming. Thats the future: decentralized and safe. We're not trying to get rich quickly; we're just trying to make things more fair. People in the Bitcoin world are the real deal. The world is being changed by smart, creative people. These are the richest people's freedoms, but everyone can get them too. These steps will help us build a better economy than the old one.

Bitcoin is still far beyond all this that you have mentioned to me because bitcoin is a life changer to me and many other people. I have seen many people that engage in bitcoin and it changes their lives and behavior because I know a man within my settlement that is well known for his gambling stuff, but when you learn about bitcoin trading, he immediately switches and quits gambling, and up to date, he is still engaged in trading, which has acquired many assets, and he has also been a responsible person within the community.

So that is what makes me think that bitcoin is more than all you mentioned; it is also a life changer and a behavior changer, because if not for bitcoin, that man will have been to the critical stage of gambling addiction, which will be hard for him to leave.


Title: Re: What is bitcoin for you?
Post by: Magic-Money on May 04, 2024, 09:40:47 PM
That's a good question and here is my own opinion answer, Bitcoin is a digital assets that one have to invest on, mostly for a long term holding. Because Bitcoin always appreciate in price, mostly after four years of Bitcoin halving occur. Since the creation of Bitcoin, is always number one and King of cryptocurrency market and always appear as number one with a very high liquidity on the both sides of buying and selling in the ecosystem.


Title: Re: What is bitcoin for you?
Post by: rodskee on May 09, 2024, 11:29:29 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
for me ? bitcoin is my Hero though I did not find that before the pandemic happened.

Bitcoin saved us from all of our burden because if not of bitcoin I will never have an standby
money(holding actually) that i come to use when we needed it badly.


Title: Re: What is bitcoin for you?
Post by: yudi09 on May 09, 2024, 12:02:53 PM
What is bitcoin for you?
The real benefit of Bitcoin for me is a valuable asset that provides changes, changes that provide convenience for me.
This is the most common answer that I can say because of other benefits that are quite a lot forced me to describe the answers one by one ranging from privacy to others.
My coin, I control it. Bitcoin gives me freedom and does not need to need a third party.


Title: Re: What is bitcoin for you?
Post by: Gaza13 on May 09, 2024, 02:29:09 PM
Bitcoin is a kind of digital currency it is decentralized no one controls the price and it is a good investment, bitcoin will surely become more popular in the future that even a young people will know about it and how to earn by just holding it, i believe that the price of bitcoin will become double in the future because many people will use it in the near future.
Before the creation of bitcoin, I think bitcoin was a form of resistance to this world's financial system. Everything is controlled by them, one of the most powerful families in this world. This technological innovation makes everyone aware that this asset is not just a digital currency but how to protect our wealth assets like money from the volatility of the current system such as inflation. Since its initial launch until now, of course there are definite benefits if we invest here.



Title: Re: What is bitcoin for you?
Post by: fuguebtc on May 09, 2024, 03:07:00 PM
Bitcoin is significant. Its more than just a computer thing; its a set of beliefs. Totally changes the way money is dealt with, see? The best kind of money change is coming. Thats the future: decentralized and safe. We're not trying to get rich quickly; we're just trying to make things more fair. People in the Bitcoin world are the real deal. The world is being changed by smart, creative people. These are the richest people's freedoms, but everyone can get them too. These steps will help us build a better economy than the old one.
That's a perfect perception of Bitcoin I must commend.
The world used to have this this view about money having a centralised nature, and bitcoin has come to revolutionize that perspective about money as well as the financial system.

The core of the vision backing the bitcoin movement has always been security, privacy and decentralisation, and this has really created a more accessible economy to everyone who choose to embrace it.
That's what Bitcoin is all about and not a get rich quick scheme like so many pictures it to be, no it's more about creating a more transparent system and economy for everyone.

Theoretically what Blitzboy said is not wrong but let's look at what is actually happening. Blitzboy, what do you and I and many others use bitcoin for? If we were not for profit and bitcoin was just a stable asset that did not generate profits, I believe we would not be here to support bitcoin either.

I know many people are still using bitcoin for many other purposes but I would be lying if I said we don't use bitcoin to get rich quick. If you have no money and are not rich, who will care about your existence, so why do you need privacy? So there is nothing wrong or shameful when we use bitcoin to get rich.


Title: Re: What is bitcoin for you?
Post by: R100K-Martin-Lunger on May 09, 2024, 04:50:29 PM
An exceptional store of value. Nothing else compares right now. The beginning of crypto and the future of finance. I am hopeful that we will cross the 100k mark as well. I recently did a post on Bitcoin's value in comparison to gold and lo and behold it beats gold by a mile: https://r100k.com/blog/bitcoin-vs-gold-the-ultimate-investment-showdown


Title: Re: What is bitcoin for you?
Post by: ancafe on May 09, 2024, 05:37:58 PM
Give me your best answers, videos, urls, stories, anything
You can refer to each post and maybe asking someone to send you a success story in bitcoin will not give you any answer. On the contrary, you have to be more active in reading to be more motivated when investing.

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is the basis for achieving freedom and everyone has gained real benefits in it. But this reality will be obtained if we talk about the extent to which people are involved in it because if people only listen to other people's success stories they will not connect in detail. I have seen how a person's finances get better when involved in investing, even though they don't show much wealth now. I am also one of the people who have found financial freedom in bitcoin so this will continue to motivate me to accumulate slowly.


Title: Re: What is bitcoin for you?
Post by: leonair on May 09, 2024, 05:45:38 PM
Bitcoin is a kind of digital currency it is decentralized no one controls the price and it is a good investment, bitcoin will surely become more popular in the future that even a young people will know about it and how to earn by just holding it, i believe that the price of bitcoin will become double in the future because many people will use it in the near future.
Before the creation of bitcoin, I think bitcoin was a form of resistance to this world's financial system. Everything is controlled by them, one of the most powerful families in this world. This technological innovation makes everyone aware that this asset is not just a digital currency but how to protect our wealth assets like money from the volatility of the current system such as inflation. Since its initial launch until now, of course there are definite benefits if we invest here.


Bitcoin is a money for me and i care very much this coin. Bitcoin has been showing many new surprises since its launch and in the future it will show many more surprises that we will be surprised to see. many people are investing huge amounts of money in Bitcoin because of its future. to me Bitcoin is a very valuable asset and a treasure of the future. I think Bitcoin is the same thing to most people and something different to some people


Title: Re: What is bitcoin for you?
Post by: ChiBitCTy on May 09, 2024, 06:43:34 PM
As someone who works in finance bitcoin for me was and has always been about change in the way money works.  I have come to learn through my professional career what a scam big banks are.  How corrupt big banks are (JP Morgan Chase with 40 billion in financial fraud violations since the year 2000 for example).  Bitcoins' decentralized nature is what really attracted me to it, and CHANGE is what I would say bitcoin is for me.


Title: Re: What is bitcoin for you?
Post by: Assface16678 on May 09, 2024, 11:12:39 PM
Well the first even crypto currency that I have known is bitcoin and I'm sure all of us are the same as bitcoin is the most popular and know crypto currency out there and while I'm in college bitcoin is that one that gave me opportunity to earn on my own with the help of my friends, and that open the door to more broad field of crypto currency and thats the start of me thinking of way to earn, in short to be independent to my parents financially, so for me bitcoin is money it is given and of course companion, because it open a lot of opportunities, knowledge and a lot of things to be explored, so bitcoin is jot just a money maker for me, thats why no matter what happens I will keep on holding bitcoin assets until the end, that's my way of thanking bitcoin for everything.


Title: Re: What is bitcoin for you?
Post by: God bless u on May 10, 2024, 06:04:20 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
To most of the people and even me BTC is only a piece of profit for us. We try hard to invest in BTCby practising all the skills and by doing a variety of courses for what? It's money only.

Now there will be peeps saying we are using it for this and this but the main reason behind it all is either saving money or earning money. Thats the origin of BTC, it was launched for the benefit of mankind.


Title: Re: What is bitcoin?
Post by: angrybirdy on May 10, 2024, 08:26:19 AM

Alright, I should've asked: What is bitcoin for you?

for me? Bitcoin is one of the keys that leads to become wealthy and having a comfortable life in the future, bitcoin is our future money and I believe that the value of this coin will increase 10x higher than today since many people are having an interest when it comes to cryptocurrency, What's amazed me is that even those younger generation are more aware and knowledgeable how bitcoin works, They even become more interested when it comes to trading and investing which is not that typical if you compare it to those younger peeps many years ago.The negative image before about bitcoin as a scam and not reliable digital money is already vanished.


Title: Re: What is bitcoin for you?
Post by: FinePoine0 on May 10, 2024, 10:00:12 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

You are basically drowning in a sea of knowledge, so you can glean any knowledge you can from this Bitcoin forum. You just need to target senior brothers and read the posts in various boards ahead and you will find the right answer.



Title: Re: What is bitcoin?
Post by: Mpamaegbu on May 10, 2024, 10:53:16 AM
Alright, I should've asked: What is bitcoin for you?
For me, Bitcoin is a payment medium and asset. Chiefly, it's more of an asset than even money. It's the asset side that makes investment in Bitcoin interesting and that's why speculations go on around it. Investors want to know at what point it's likely to give them great ROI before they invest and that's why we've a circle comprising bull and bear seasons. On its own as money, Bitcoin wouldn't be having the level of traction it has been having, the volatility and all that. It would be just like stablecoins.


Title: Re: What is bitcoin?
Post by: ancafe on May 10, 2024, 11:03:23 AM
for me? Bitcoin is one of the keys that leads to become wealthy and having a comfortable life in the future, bitcoin is our future money and I believe that the value of this coin will increase 10x higher than today since many people are having an interest when it comes to cryptocurrency, What's amazed me is that even those younger generation are more aware and knowledgeable how bitcoin works, They even become more interested when it comes to trading and investing which is not that typical if you compare it to those younger peeps many years ago.The negative image before about bitcoin as a scam and not reliable digital money is already vanished.
There are many negative problems that arise and are deliberately associated with Bitcoin, but if people are more aware of the truth, they can definitely be corrected. Fraud is inevitable because it happened long before bitcoin existed and it is in the nature of individuals to commit it. If people say Bitcoin is a scam because they are not involved in it then they will never know the truth.

I found financial freedom in bitcoin and while getting to know bitcoin I have also received real benefits in financial terms. Bitcoin adoption has also become very widespread throughout the world and this will continue until people can see the advantages that bitcoin shows.


Title: Re: What is bitcoin for you?
Post by: Reatim on May 14, 2024, 11:22:31 AM
Many people have various perspectives regarding Bitcoins. If you ask me then back in 2016, it was just a coin with which I was doing online gambling at crypto casinos. At that point of time I didn’t know the actual value of the coin. I just exchange my cash for BTC, use it to gamble, win and then again exchange it to cash. But now for me Bitcoins are the best asset to make money or investment. I have seen Bitcoins growth from 100$ to 80k usd. Hence I know what it is capable of. So for me Bitcoins are now very precious coins whose value is increasing day by day.

Is it not crazy how much our perception of bitcoin has changed?

I remember having heard about it but not really caring much not giving it too much thought but look at me right now. Bitcoin has given me hope and a new purpose in life. It has given me sense of direction previously not knowing what to do or how to proceed with life anymore.

Life is difficult but the addition of bitcoin into my life has nothing but been a blessing and I really do hope I get to make the most out of it.


Title: Re: What is bitcoin for you?
Post by: DeathAngel on May 14, 2024, 07:03:09 PM
Bitcoin to me is hope, an escape from the shackles of the fiat world. Governments & Central Banks are printing away fiat savings so in order to preserve our purchasing power we have to do something. Luckily Bitcoin is here to save us, I don’t know what I’d do without it. Bitcoin has given me so many opportunities, I don’t know what I’d do without it.


Title: Re: What is bitcoin for you?
Post by: Smartvirus on May 14, 2024, 07:09:58 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
I must say the first comment drove me into checking up your profile and at an instant, it’s almost evident that you’re not really concerned about the topics you create. You’ve got 50 posts and 17 of those are topics, low value topics at that, in fact, one is even to be removed or something.

If you really hope to learn, I doubt you would go far with the methods you’re employing. You should try to be more detailed while creating your threads, show some effort in cause of its creation, do researches even, it would stimulate your desire to know and that would be a big boost for you.



To keep it simple and on thread, I would say Bitcoin is the future of finance and getting in early creates for you an uneven advantage to those that would come later.


Title: Re: What is bitcoin for you?
Post by: Mame89 on May 14, 2024, 10:05:42 PM
For me, Bitcoin is one way to achieve financial freedom. Apart from that, Bitcoin also has no control from a third party because usually anything controlled by a third party will be at risk. But not with Bitcoin because the control of Bitcoin assets is with you. The benefits of bitcoin are numerous and can vary according to individual needs. The benefit for me now is that my economy since getting to know Bitcoin has gotten better, at least this is the real benefit I got before and after getting to know Bitcoin.

But the benefits In general, one of the advantages of bitcoin is that it is also an asset to hedge against inflation, and of course bitcoin is a rare asset in the future (because its supply is limited) which must be invested to achieve financial freedom.


Title: Re: What is bitcoin for you?
Post by: bitterguy28 on May 15, 2024, 08:09:20 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin at first something that took my interest as I am looking for some place to generate me income because I am losing my Job that time and then bitcoin comes.

after several months of digging and understanding? i started to invest and hold that made me having a good return in December .

so now what is Bitcoin for me? this is what made me own a house now because of all that i gather from bitcoin and also altcoins investments.
Bitcoin to me is hope,

why Hope? have you never taste anything from bitcoin yet?


Title: Re: What is bitcoin for you?
Post by: Dr.Osh on May 15, 2024, 09:46:56 AM
for me, bitcoin is an alternative payment, business, investment and freedom. However, bitcoin encourages me to be more active in doing business, and think about strategies to increase the assets I own. Since I was in college, I have always focused on building assets through bitcoin. Because of that, I feel that bitcoin is more than just a payment alternative, and has a broader meaning. I think it's not just me who feels this.


Title: Re: What is bitcoin for you?
Post by: Plan well on May 15, 2024, 01:41:45 PM
Well as for me Bitcoin operates without a finance system or government authority, l like that one a lot.
Bitcoin have helped so many people in life after losing their job with government or any other organisation


Title: Re: What is bitcoin for you?
Post by: CryptoHeadlineNews on May 15, 2024, 01:59:40 PM
Inasmuch as different people have different perspectives of what Bitcoin is to them, to me, Bitcoin is an asset which gives long term hope for the future, it is a currency without limit, which could be access from anywhere around the world, irrespective of your race, color or region. It is the one currency that have turn the whole world into one community with a generally acceptable currency called Bitcoin. And a currency likely to liberate the many from poverty who could afford to buy and hold to long term. So that's what Bitcoin means to me.


Title: Re: What is bitcoin for you?
Post by: laijsica on May 15, 2024, 02:23:54 PM
I think BTC is one of the best investment mediums that can make huge profits by holding it for a long time. For investment success you should get in the habit of depositing BTC regularly. In this case, the DCA method is the most simple and popular, which can be obtained at the dips price by running for a long time (average price).This is basically why everyone should choose BTC as an investment.


Title: Re: What is bitcoin for you?
Post by: Ricardo11 on May 15, 2024, 03:14:12 PM
For me Bitcoin is the best coin of all time, which is the top of all for long term investment. A huge amount of money can be made from Bitcoin, if you invest and hold Bitcoin for a long time. You can invest in Bitcoin in any way, any amount, at any time. However, what most people choose is to invest using the DCA method, which greatly affects a long-term holder. You invest a portion of any amount from your income into Bitcoin on a weekly or monthly basis using the DCA method. Invest in bitcoins just like savings and keep it for a long time, it will affect you financially in the future.


Title: Re: What is bitcoin for you?
Post by: EarnOnVictor on May 15, 2024, 03:30:14 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin is actually unique, it solves the puzzle that people have been yearning for and forces the government to accept it. And thanks to the brilliance and wisdom of Satoshi Nakamoto that made it decentralised in such way that no government can reach it, talkless of controlling it or bringing it down, and for being secretive about in the beginning. If not, the government would have stopped it before it saw the light of the day and Satoshi would have also suffered the worst fate because they would have said he wanted to sabotage the economy of the world which is a very serious allegation.

But today, Bitcoin is the pioneer of all cryptocurrency and it uses a unique system of cryptography which makes it very unique. Bitcoin is also problem solver and barrier breaker in the sense that it helps us who our countries are being segregated in the international payment solution where we will be forced to use wire transfers and other expense channels. Bitcoin is equal before everyone without any discrimination whatsoever, and for that alone. I love it so much. However, no matter what Bitcoin stands for and how I appreciate it, it remains an asset, a means for investment, and I will not think of it more than that to the point that I will now start idolising it like some people do which often cloud their investment judgements.


Title: Re: What is bitcoin for you?
Post by: Notalony on May 15, 2024, 03:57:27 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.


Bitcoin is the newest and strongest digital currency that allows some one to send and receive  money to their love ones without the interference of a third-party such as bank or government, it is a financial freedom and also a means of investment in form of savings for our future, it can make some one rich if hold for longer period as it value increases with time.


Title: Re: What is bitcoin?
Post by: aylabadia05 on May 15, 2024, 04:43:50 PM
Alright, I should've asked: What is bitcoin for you?
Bitcoin is the currency that can be used depending on the situation and goals. If the purpose of using Bitcoin is for a transaction, Bitcoin makes it very easy for me to travel to all corners of the world at any time without having to wait for service uptime.
If the goal is to use Bitcoin as an investment asset, Bitcoin is number one in the long term as a hedge and other benefits that can be expected.

For you?


Title: Re: What is bitcoin for you?
Post by: YUriy1991 on May 16, 2024, 03:54:55 AM
Bitcoin is a kind of digital currency it is decentralized no one controls the price and it is a good investment, bitcoin will surely become more popular in the future that even a young people will know about it and how to earn by just holding it, i believe that the price of bitcoin will become double in the future because many people will use it in the near future.

It is very appropriate to say that investing in BTC will become double in the future For BTC myself, I am quite sure and the growth rate itself, we can see the progress has been very impressive when compared to a few years ago, let's say the value of BTC in 2023 was only 33K and now it has doubled to 66K with only 1.7 years of waiting. For corrections it always happens but it is normal because that's how the market works, there are ups and downs. It's a no-brainer once.


Title: Re: What is bitcoin for you?
Post by: IamAltcoinfan on May 16, 2024, 06:22:10 AM
To put it simple I would say bitcoin is a digital money that allows us to do online secure transactions without any third party interferences and it was also the first decentralized crypto in the world  .People globally can use bitcoin from anywhere. The main part is the value of Bitcoin continues to increase year by year unlike any other stocks .I like Bitcoin because if there is any transaction done there is no transaction costs unlike other stocks . It can be kept as a future asset as well.


Title: Re: What is bitcoin?
Post by: Oasisman on May 16, 2024, 07:36:54 AM

Alright, I should've asked: What is bitcoin for you?

This is a really broad question, but okay here's my thought.
Bitcoin for me is :
- A very volatile currency and a store of value.
- A currency that offers direct person to person transaction from all over the world without the use of any 3rd party payment processors or even banks.
- An opportunity where you can put your money to protect from hyper inflation while earning profit at the same time.
- Imposes threat on banks and government at first, but they later realized it's too good of an opportunity to miss and so they will need to find a way to at least get a portion from those who are profiting from it aka taxation & regulations.

These are just what I thought and what I thought everyone else thought about bitcoin. There's actually a long list how I define bitcoin, but I just highlighted what's the most common and relevant answer to the question.


Title: Re: What is bitcoin for you?
Post by: Iranus on May 16, 2024, 07:57:13 AM
Many people have various perspectives regarding Bitcoins. If you ask me then back in 2016, it was just a coin with which I was doing online gambling at crypto casinos. At that point of time I didn’t know the actual value of the coin. I just exchange my cash for BTC, use it to gamble, win and then again exchange it to cash. But now for me Bitcoins are the best asset to make money or investment. I have seen Bitcoins growth from 100$ to 80k usd. Hence I know what it is capable of. So for me Bitcoins are now very precious coins whose value is increasing day by day.

Is it not crazy how much our perception of bitcoin has changed?

I remember having heard about it but not really caring much not giving it too much thought but look at me right now. Bitcoin has given me hope and a new purpose in life. It has given me sense of direction previously not knowing what to do or how to proceed with life anymore.

Life is difficult but the addition of bitcoin into my life has nothing but been a blessing and I really do hope I get to make the most out of it.

I still don't really understand what you're trying to say. How can bitcoin give you hope and new purpose in life when it's just money, and for you to own it, you need money, isn't it given to you for free? After all, bitcoin is just money and we also need to make efforts to own it, it is not a god or a panacea for the world or to heal all wounds for everyone. Especially mental wounds, how can bitcoin heal you?

Bitcoin is a financial tool and if someone can take advantage of the benefits it offers, they can improve their finances, other than that I don't see it having any medicinal uses.


Title: Re: What is bitcoin for you?
Post by: Freddie Boyer on May 16, 2024, 08:32:51 AM
BTC for me is something that is most revolutionary and pure and has strong defense. Apart from the No. 1 digital currency in crypto, it also has functions that can be used in the future to make things easier and shorter with existing technology. This is also the right investment choice during economic instability if it occurs at any time


Title: Re: What is bitcoin for you?
Post by: Nheer on May 16, 2024, 09:51:08 AM
You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.
OP has been in the forum for quite a long time now and doesn’t seem like he have achieved much knowledge here and one can see that from his posts. I was more surprised when i saw one of his posts demanding the admin to delete his account and his reason was being that his post are being deleted whenever he makes a post. He is here long enough to understand how to make posts that wouldn’t be deleted, well the rank says alot about the account.

Op, you have been in the forum long enough to know how the forum works and to grow posts like this wouldn’t really help you, try to create something more reasonable. If you have been more active and following up discussions by now you must have understood what bitcoin is.

To answer your question OP, to me i believe bitcoin is the future, to some it is a store of value and an asset that grows over time due to it’s volatility which has made a lot of people trust it and invest in it. Most importantly it has given us financial freedom which is the reason why the government keeps fighting against it.


Title: Re: What is bitcoin for you?
Post by: Zanab247 on May 19, 2024, 06:23:20 PM
You mean what BTC mean to me? BTC is a decentralized currency that is not control with the government, but it dump when there is a season to dump in the market and pump when there is a season to pump in the market.

BTC is an asset you can invest and hodl for the bull run to come before you can sell, and it will help you to accommodate profit that will motivate you to invest anytime, and before you will mention profitable coins in the market, you must mention BTC before other coins in the market.

If BTC is legalized in your country, I will advise you to introduce BTC to your business as payment so that you will experience the benefit of BTC.


Title: Re: What is bitcoin for you?
Post by: rhodelmabanal on May 19, 2024, 09:02:28 PM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
bitcoin is a kind of freedom in financial problem, it is the only way to earn without any kind of taxes and without a government rules and regulations, you can earn in bitcoin and even you're very close friends family's and relatives will never know that you earn. This is a very amazing digital crypto currency that give a chances to everyone to have a financial freedom in the middle of a very high inflation problem. All you need to do is do a research or read some topic in this forum to know more about it for good.


Title: Re: What is bitcoin for you?
Post by: cryptoWODL on May 20, 2024, 03:58:25 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.


Title: Re: What is bitcoin for you?
Post by: bitterguy28 on May 20, 2024, 09:01:49 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.
yeah the best thing about bitcoin that the government is trying to take from us,,making every exchange to be centralized so they can watch over our doings inside bitcoin and crypto.
but Am sure they will never succeed because there are still some exchange that exist as decentralized .

Quote
What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.
the only hassle mate is if we are spending our bitcoin in places where this is not available or being banned because that will be a very hard task spending this.


Title: Re: What is bitcoin for you?
Post by: Ishicryptic on May 20, 2024, 09:43:02 AM
For me, the best and most useful features of Bitcoin are financial freedom and borderless transactions. I became financially established through Bitcoin and crypto, so I can spend my money anywhere in the world as I wish. I can accept payment from anywhere without any troubles or third parties. So this is the life-changing opportunity that Bitcoin gives me. If I wasn't introduced to Bitcoin, then I would struggle in my life. Each of us would have a different reason to love Bitcoin; I just express my opinion. 

I have the same definition with you, for me Bitcoin is a digital cash that has no restrictions and boundaries like fiat currencies, it gives the holder freedom and privacy to carry out p2p transactions without the interference of a third party, from any location in the world. It is also a store of value that investors can hodl on a long term, an asset that will keep increasing in value and adding returns on investment for the holders, the longer that it is hodled, the more profitable it becomes for the investors


Title: Re: What is bitcoin for you?
Post by: Betwrong on May 20, 2024, 09:54:50 AM

Alright, I should've asked: What is bitcoin for you?

Bitcoin is young compared to the age of the universe, but its history is already impressive. I'm not going to recount all of it here, and, you know, even telling about only the brightest moments would take a lot of space (and time). I will just say what is Bitcoin for me personally.

Bitcoin is Freedom. However pompous it may sound, but it's true.


Title: Re: What is bitcoin for you?
Post by: justdimin on May 21, 2024, 02:09:32 PM
Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.
That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.


Title: Re: What is bitcoin for you?
Post by: laijsica on May 21, 2024, 03:01:13 PM
Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.
That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.
The reality is that BTC is worth more than gold. You can't buy gold with $10 if you want but you can deposit BTC. By consistently managing DCA even low income people can become holders of BTC which is really a great investment. Even with long-term management, he can hold a huge BTC stash that can buy a lot of gold at a time when the price rises. But I think that guy might not be interested in buying gold anymore because BTC is giving him a lot of returns and the holding will make him more profitable in the future. So I think holding BTC is a better investment than gold.


Title: Re: What is bitcoin for you?
Post by: Smack That Ace on May 21, 2024, 03:30:04 PM
Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.
That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.
The reality is that BTC is worth more than gold. You can't buy gold with $10 if you want but you can deposit BTC. By consistently managing DCA even low income people can become holders of BTC which is really a great investment. Even with long-term management, he can hold a huge BTC stash that can buy a lot of gold at a time when the price rises. But I think that guy might not be interested in buying gold anymore because BTC is giving him a lot of returns and the holding will make him more profitable in the future. So I think holding BTC is a better investment than gold.

If your criteria for evaluating the best investment is just returns then yes, bitcoin is the best investment because it has the potential to generate the highest returns compared to other traditional assets. But if you are wealthy and you need an asset that can be guaranteed to be safe, legal, popular and stable, then bitcoin is not the choice. In short, which investment is best will depend on individual preferences.
Although I am a bitcoin investor, once my bitcoin investment has large profits, I will take profits and transfer part of it to gold, gold is still the inevitable choice as a safe haven.


Title: Re: What is bitcoin for you?
Post by: Mr.suevie on May 21, 2024, 07:14:06 PM

Alright, I should've asked: What is bitcoin for you?

Bitcoin is young compared to the age of the universe, but its history is already impressive. I'm not going to recount all of it here, and, you know, even telling about only the brightest moments would take a lot of space (and time). I will just say what is Bitcoin for me personally.

Bitcoin is Freedom. However pompous it may sound, but it's true.
Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. For me I will make it simple, Bitcoin is a way of telling the government that we are not all fools and thanks to a certain unknown man @satoshi we can now be in charge of our own money although to achieving this is still very much limited but atleast we are on the road to that


Title: Re: What is bitcoin for you?
Post by: Betwrong on May 28, 2024, 07:15:46 AM
~
Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. ~

I totally agree with you, brother. I totally agree. And I'm not talking only about the price in USD either. I really believe that the problem of high transaction fees will be solved and then Bitcoin will be used regularly in stores and cafes, and by various music companies to sell a song or a ringtone. I really believe that most of the people in the world, not just 219 million as it is today, will be using Bitcoin and enjoying the benefits.


Title: Re: What is bitcoin for you?
Post by: Z_MBFM on May 28, 2024, 07:24:00 AM
~
Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. ~

I totally agree with you, brother. I totally agree. And I'm not talking only about the price in USD either. I really believe that the problem of high transaction fees will be solved and then Bitcoin will be used regularly in stores and cafes, and by various music companies to sell a song or a ringtone. I really believe that most of the people in the world, not just 219 million as it is today, will be using Bitcoin and enjoying the benefits.
Bitcoin's transaction fees need to be low to increase people's interest in small transactions. When someone goes to pay in Bitcoin to buy any product from any store or any place, it will not be a perfect payment method for anyone if a high amount of transaction fee is charged for it. For example, if a t-shirt costs $20, then if $5+ transaction fee is deducted, it will cost $25, whereas other payment methods will charge a much lower fee. so of course reducing Bitcoin fees is very important. Hopefully there will be a solution for this in the future and Bitcoin will play a bigger role as a payment solution


Title: Re: What is bitcoin for you?
Post by: Betwrong on June 04, 2024, 08:30:57 AM
~
Bitcoin's transaction fees need to be low to increase people's interest in small transactions. When someone goes to pay in Bitcoin to buy any product from any store or any place, it will not be a perfect payment method for anyone if a high amount of transaction fee is charged for it. For example, if a t-shirt costs $20, then if $5+ transaction fee is deducted, it will cost $25, whereas other payment methods will charge a much lower fee. so of course reducing Bitcoin fees is very important. Hopefully there will be a solution for this in the future and Bitcoin will play a bigger role as a payment solution

That's what I'm saying. Right now we have around $1.50 fee most of the time, and for many of us it's acceptable for our needs, but for those people who would want to buy a ringtone for $2 paying $1.50 as a fee would be too much. Same can be said about a cup of coffee or tea. But the fees were as high as $40 or even $60 couple of times in the past, as far as I can remember, and what we have now is already a big progress. I think if fees were around $0.20, it wouldn't be a problem for anyone.


Title: Re: What is bitcoin for you?
Post by: amihada on June 04, 2024, 10:16:09 AM
For me, Bitcoin is the safest asset that I can manage myself without other parties involved, so Bitcoin for me is very important and I could pass on Bitcoin to my children and grandchildren in the future, especially in the future, perhaps a very valuable asset will be digital currency. I am not wrong to invest in Bitcoin as an asset in the future.


Title: Re: What is bitcoin for you?
Post by: TheUltraElite on June 04, 2024, 10:23:31 AM
For me it is censorship resistance and decentralisation. The ability to send money to someone without having restrictions across borders and being accepted in the receiving country is something we all have wanted since the start of using fiat money.

This gives power in the hands of the people and those who understand this properly will always accept Bitcoin or show interest in it.

Hence we see a future of Bitcoin being used without legal restrictions and bring accepted by merchants everywhere.


Title: Re: What is bitcoin for you?
Post by: Lidger on June 04, 2024, 10:28:46 AM
Bitcoin is a very valuable and very important digital currency to me. I trust and trust Bitcoin more than any other digital currency on the market. Where others can't figure out where to invest their money, I'm investing my money in Bitcoin and I'm very happy with the investment. When I first learned about Bitcoin it was definitely a good time for me because if I hadn't learned about Bitcoin then I probably wouldn't be able to call myself a Bitcoin investor now. A lot has already been achieved through Bitcoin and I hope to achieve more with Bitcoin in the future. For these reasons I put Bitcoin ahead of all other currencies.


Title: Re: What is bitcoin for you?
Post by: Essential10 on June 07, 2024, 12:02:24 PM
I think bitcoin is the oxygen of crypto currency. Bitcoin to me is like a big banyan tree, it gives off oxygen so everyone else can breathe. Bitcoin is the most popular, most valuable and most trusted cryptocurrency among crypto currencies  because I have invested in Bitcoin and I have held it. I believe that Bitcoin will take its value to a position that will seem like a dream to us. I believe a time will come in the days when bitcoin will create trust among everyone in the world.


Title: Re: What is bitcoin for you?
Post by: Mrbluntzy on June 08, 2024, 03:06:27 PM
Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.


Title: Re: What is bitcoin for you?
Post by: wxxyrqa on June 08, 2024, 03:28:17 PM
Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.
It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.


Title: Re: What is bitcoin for you?
Post by: amihada on June 09, 2024, 04:25:53 AM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.


Title: Re: What is bitcoin for you?
Post by: FinePoine0 on June 09, 2024, 04:49:51 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Where you are is the best place to gather knowledge, but let us know how we can help you. You will never be able to learn about Bitcoin through links and videos alone. There are senior brothers here notice their posts and you follow them, surely you can roam around this forum like Free Bird and surely gain maximum learning by observing the posts of senior brothers. The more effort you put into your education, the more you can improve because you can find advice from people all over the world through this forum.


Title: Re: What is bitcoin for you?
Post by: boty on June 09, 2024, 08:22:54 AM
Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.
It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.
Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make.


Title: Re: What is bitcoin for you?
Post by: wxxyrqa on June 09, 2024, 10:24:48 AM
It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.
Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make.
If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.


Title: Re: What is bitcoin for you?
Post by: leonair on June 09, 2024, 11:19:29 AM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.
Bitcoin is the best place for many people to invest. Investing in Bitcoin means you have a bright future ahead of you and hope for an excellent fit, so everyone is interested in investing in the currency. Investing in Bitcoin means you save money. Yes, indeed, Bitcoin cannot be physically held or something to keep it. We invest but do not to hold it. We generally invest for profit. We pick it up when we need it and meet the needs of our daily life. Saving money means you can spend from here to meet your needs in the future and live a little better. Investing in Bitcoin will hopefully lead to good things ahead.


Title: Re: What is bitcoin for you?
Post by: AnonBitCoiner on June 09, 2024, 11:35:50 AM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

The majority of individuals are considering Bitcoin as a source of investment and very few will use it as a currency therefore the main goal of bitcoin investors is to hold Bitcoin until it gives them huge profit in the form of money.  People are holding Bitcoin in order to make their future bright because they know that as it was lower in value in past and now it has been elevated so the future will be more shiner than this.

Bitcoin cannot be held physically but it is more secure than a physical asset so I think we should work according to our plans in order to be a successful individual with the help of Bitcoin investment.


Title: Re: What is bitcoin for you?
Post by: SATWAT on June 09, 2024, 11:40:50 AM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.
As everyone is having his own view about this I am feeling really exciting when I have talked about this subject because this is life changer for them with I never thought I can achieve many things in life but just because of this all has happened, and now I am having much better than my expectations which is really amazing for me with I can say dream came true.
Before this many restrictions and problems which I was thinking to do few things in my life but as I have jumped into this now I am doing freely and without any problem which is really exciting, and now I believe I can do as much I can.


Title: Re: What is bitcoin for you?
Post by: altecbit on June 09, 2024, 03:33:40 PM
Bitcoin for me is like digital gold.


Title: Re: What is bitcoin for you?
Post by: Zoomic on June 09, 2024, 05:58:32 PM
No matter what you think bitcoin is to you, know that Bitcoin will never make you rich overnight, it can even make you very poor if you're not lucky.
Do not quit your job because of your investments in bitcoin
Do not quit your business or trade...
Do not stop whatever you are earning from.
Bitcoin investment can no doubt make you rich but it is also subject to price volatility which can make you lose your investment. You need to exercise patience and be committed so your investments will yield good returns. If you have no other backup source of income, you might be tempted to fall back to your investment capital which is not good for any investment.


Title: Re: What is bitcoin for you?
Post by: heslylamba on June 09, 2024, 07:49:08 PM
For me, Bitcoin symbolizes freedom: the chance to take full responsibility for my life and finances. It has profoundly transformed my perspective on money and global events.


Title: Re: What is bitcoin for you?
Post by: Furious 7 on June 09, 2024, 09:41:46 PM
If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.
But in the end this is not part of investment anymore but rather leads to trading because after all, investing within a certain period of time indirectly implies that we will invest for a long duration and we must be prepared to hold for the duration of time that we make as our goal.
When you say you invest but always sell when the price is high enough and buy it back when conditions are crashing in the near future then it is not investment but trading.

Although it's okay to do that because it's not wrong to do that, I think it's still not an investment so it's quite wrong if we say we're investing but buying and selling when we haven't reached the time period. Unless the concept is to buy on the dip and wait until the duration of time as you said (for example 10 years) I still consider it an investment but when buying the dip and selling it when the price is felt to rise it is not an investment.


Title: Re: What is bitcoin for you?
Post by: amihada on June 10, 2024, 03:19:38 AM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

The majority of individuals are considering Bitcoin as a source of investment and very few will use it as a currency therefore the main goal of bitcoin investors is to hold Bitcoin until it gives them huge profit in the form of money.  People are holding Bitcoin in order to make their future bright because they know that as it was lower in value in past and now it has been elevated so the future will be more shiner than this.

Bitcoin cannot be held physically but it is more secure than a physical asset so I think we should work according to our plans in order to be a successful individual with the help of Bitcoin investment.
it is clear and obvious that bitcoin is a very valuable asset, our job is just to hold it, don't panic when there are negative issues about bitcoin because many whales spread news to make us panic, so be mature in holding bitcoin, you will be a successful person in the future .


Title: Re: What is bitcoin for you?
Post by: Wonder Work on June 10, 2024, 04:47:55 AM
Bitcoin for me is like digital gold.
Bitcoin seems like gold to you because it is the coin that everything depends on. Bitcoin's future will be very good, and it will surpass $100000 in 2024 itself. If you can afford it, start investing little by little.

For me, Bitcoin symbolizes freedom: the chance to take full responsibility for my life and finances. It has profoundly transformed my perspective on money and global events.
Bitcoin is a symbol of freedom in the world of hot currency because it is a kind of love work.


Title: Re: What is bitcoin for you?
Post by: Solokan on June 10, 2024, 07:39:43 AM
For me of course Bitcoin has many benefits and for me personally Bitcoin is a valuable asset which of course will have good potential for the future. yes, the point is that by investing in bitcoin I get a profit and of course by investing in btc of course if it is for the long term there will be no potential for inflation because the supply of btc is limited and the number of interested people is large and also there will be no one to regulate us and I'm sure most people do too investing in bitcoin is to make a profit. because of course if there are no benefits, people will definitely not be interested in investing in BTC or using BTC.

but of course some people in this world feel the benefits of bitcoin because in their country btc is used as a legal means of payment, such as in El Salvador, yes, for me personally it is only an investment because in my country the government prohibits people from using btc as a means of payment But of course I feel that there are many more benefits that BTC provides for me.


Title: Re: What is bitcoin for you?
Post by: Xcode7 on June 10, 2024, 09:41:08 AM
it is clear and obvious that bitcoin is a very valuable asset, our job is just to hold it, don't panic when there are negative issues about bitcoin because many whales spread news to make us panic, so be mature in holding bitcoin, you will be a successful person in the future .
It is difficult to put faith in Bitcoin but if we are able to do so then there will be success or huge profits waiting in the future.
Bitcoin has proven that it is a valuable asset for the future since a long time ago, the price of Bitcoin has continued to soar high even though there have been price corrections, so this is also likely to apply to the future as well.
So it is clear that Bitcoin will be quite useful for the future for investment.


Title: Re: What is bitcoin for you?
Post by: SickDayIn on June 10, 2024, 01:08:10 PM
Bitcoin is freedom.

Freedom from the system that controls us. Power back to the people. Finite supply, the rules don't change, no printing. It's a fair game.


Title: Re: What is bitcoin for you?
Post by: Tamaperdana on June 10, 2024, 01:24:19 PM
There are many positive things that I can feel after bitcoin exists. One of them, after Bitcoin existed, this forum was created by Satoshi, and I became a member of this forum. Honestly, after I got to know this forum, I got a lot of insight from the members on this forum. Such as investment, crypto, economics and many other things. Apart from that, it cannot be denied that after Bitcoin existed, many coins or altcoins were born. From there I can also earn quite a lot of income. And bitcoin also gives me a new philosophy for my life, especially regarding finances. Because after I deepened my knowledge a little about Bitcoin, I finally understood that the systems that apply in the financial sector today are not free from manipulation and games. Because bitcoin was born as the opposite of this bad system. Because bitcoin is decentralized, has a very transparent transaction system because it can be seen on the blockchain, and also bitcoin has the advantage of being very immune to inflation. So in my opinion this is the positive impact or good impact of bitcoin.


Title: Re: What is bitcoin for you?
Post by: wxxyrqa on June 10, 2024, 03:01:22 PM
If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.
But in the end this is not part of investment anymore but rather leads to trading because after all, investing within a certain period of time indirectly implies that we will invest for a long duration and we must be prepared to hold for the duration of time that we make as our goal.
When you say you invest but always sell when the price is high enough and buy it back when conditions are crashing in the near future then it is not investment but trading.

Although it's okay to do that because it's not wrong to do that, I think it's still not an investment so it's quite wrong if we say we're investing but buying and selling when we haven't reached the time period. Unless the concept is to buy on the dip and wait until the duration of time as you said (for example 10 years) I still consider it an investment but when buying the dip and selling it when the price is felt to rise it is not an investment.

The April 2024 Bitcoin halving represents a unique investment opportunity, backed by historical price increases and supply contraction.  With predictions of significant price increases and a more mature market, now may be the right time to add Bitcoin to your investment portfolio. 


Title: Re: What is bitcoin for you?
Post by: eightdots on June 10, 2024, 03:07:00 PM
No matter what you think bitcoin is to you, know that Bitcoin will never make you rich overnight, it can even make you very poor if you're not lucky.
Do not quit your job because of your investments in bitcoin
Do not quit your business or trade...
Do not stop whatever you are earning from.
Bitcoin investment can no doubt make you rich but it is also subject to price volatility which can make you lose your investment. You need to exercise patience and be committed so your investments will yield good returns. If you have no other backup source of income, you might be tempted to fall back to your investment capital which is not good for any investment.

Everyone needs to know that there is always a risk factor and we need to be very careful. Investing is easy, but there is a psychological state that comes with investing. When investing, we need to consider that things may not go well. The things we want don't always come true. It is important what kind of a road map we draw in negative situations, or we need to learn how to act to avoid being in a negative situation.

In addition to what you said, the ambition to make a profit in a short time is not the right action. Acting without knowledge creates more risks. Planning actions protect the investor from adverse situations.


Title: Re: What is bitcoin for you?
Post by: wtsimis on June 10, 2024, 05:10:58 PM
Bitcoin (BTC) to me is a digital currency or digital asset . Currently, whose popularity is skyrocketing. In 2009, an anonymous entity known as Satoshi Nakamoto (https://en.wikipedia.org/wiki/Satoshi_Nakamoto) created Bitcoin , which is now known around the world. It is considered a treasure of value much like gold. The value that Bitcoin currently holds suggests that it will become more popular and hold more value in the future.


Title: Re: What is bitcoin for you?
Post by: _BlackStar on June 10, 2024, 05:37:14 PM
Bitcoin (BTC) to me is a digital currency or digital asset.
So far - those are the two function of bitcoin. As a means of payment – ​​bitcoin has many advantage over traditional fiat currencies currently circulating. Bitcoin is safer for transaction and you can save a lot of time sending money between countries by setting your own fees. Of course - you don't have a daily limit for trading bitcoin as long as you don't store it on a centralized exchange. This is better than centralized banks - in fact you won't get a single privacy-intrusive question when you use bitcoin as a means of payment or currency.

As an investment asset - you certainly know how it has performed so far. Bitcoin has given early investors thousands of percent return to date - even new investors will get worth it return when they invest. Price volatility allow the value of your portfolio to rise and fall - but if you are patient, get the return.


Title: Re: What is bitcoin for you?
Post by: synchronym on June 11, 2024, 01:08:15 AM
Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.


Title: Re: What is bitcoin for you?
Post by: kotajikikox on June 11, 2024, 01:47:26 AM
You will never be able to learn about Bitcoin through links and videos alone. There are senior brothers here notice their posts and you follow them, surely you can roam around this forum like Free Bird and surely gain maximum learning by observing the posts of senior brothers.
you would be able to learn about the basics and the fundamental concepts of bitcoin by reading and watching videos that explain how it all works but personally, I think that the best teacher truly is experience.

There is nothing like experiencing the volatility and the fluctuation of a market in real time. You will never understand FOMO and FUD unless you have lived it yourself.


Title: Re: What is bitcoin for you?
Post by: Bd officer on June 11, 2024, 02:41:20 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is the best way to invest for me. Bitcoin should be the first choice to invest in cryptocurrency. Many people have made a lot of profit by investing in Bitcoin, so I also invested to earn a lot of profit. I am able to invest small amounts in bitcoins using DCA method so bitcoins are a means of saving for me. However, if you want to invest in Bitcoin, you must invest for the long term. If you can invest for long term then you can definitely profit. You try to research Bitcoin and learn about Bitcoin from this forum.


Title: Re: What is bitcoin for you?
Post by: reagansimms on June 11, 2024, 03:29:20 AM
Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.
Bitcoin is one of the most popular cryptocurrencies in the world, one of the advantages that Bitcoin can generate is that it can make international transactions more quickly and easily. Another benefit that Bitcoin produces is that it can be used as an investment tool, you can buy Bitcoin when the price is cheap and sell it again after the price starts to increase. The biggest advantage felt by people who own Bitcoin is because it is global, you don't need to bring too much Fiat when going to any country because its value does not change even though it is traded in any country.

Bitcoin has many advantages because it has multifunctional characteristics, you can enjoy different conveniences depending on your goals and situation. Bitcoin can also be accessed flexibly because of its decentralized nature, you have full responsibility for the assets you own because there is no involvement of any party who can manage every transaction you make.


Title: Re: What is bitcoin for you?
Post by: Betwrong on June 11, 2024, 10:52:22 AM
Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.

I think Bitcoin is a great investment opportunity not only for you but for many, but look at the replies in this thread and you'll see that Bitcoin is not only that. For one thing, Bitcoin is a convenient way to transfer your money to someone abroad without paying a lot of money for the transaction. I mean, you can say about a lot of things that they are good for investment, but Bitcoin is different because most of them will fail and Bitcoin will not.


Title: Re: What is bitcoin for you?
Post by: RockBell on June 11, 2024, 04:18:19 PM
Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.
Bitcoin is a decentralized currency that the whole world is accepting and will continue to accept. And even with the risk it comes with people are beginning to understand that risk because you don't expect me to buy and sell below the initial price that it was bought. And if it is about risk every investment comes with their own risk. And it is that of bitcoin coin it will only take a few time for you to recover from what ever lose. If you are to hastily it won't pay you as far as bitcoin is concerned, you make hastily decisions because you can actualize what will happen in the market.

 Because even with the analysis you can not get a 100 percent but you can get close to 100, and since initially bitcoin is a long time investment their is nothing to worry about. If you already know that its a long time investment then you can invest and just allow the whole thing be, people have benefited and people will continue to benefit if their is continuation to keep investing in bitcoin. Changing overnight is true because the market is not predictable.


Title: Re: What is bitcoin for you?
Post by: Ahli38 on June 11, 2024, 04:34:05 PM
The benefits of bitcoin for me are probably the same as the benefits that everyone has managed to get from bitcoin. But what is certain is that through Bitcoin I understand that we can also be separated from the centralized system in several ways, including in long-term investments. And actually, before the arrival of Bitcoin, many of us didn't even know that we had been in a centralized financial system. And in fact, many people are aware of all this thanks to the presence of Bitcoin which has a decentralized system and has opened everyone's minds to the fact that a non-centralized financial system can also stand side by side with a centralized system. Bitcoin is like a thing that can create a door out of the barrier wall that initially confined humans. And with bitcoin humans can again see freedom in financial terms.


Title: Re: What is bitcoin for you?
Post by: Out of mind on June 11, 2024, 04:56:59 PM
We know that Bitcoin is a digital currency that has managed to gain a lot of popularity all over the world today. Also, we can say it is a digital currency, asset financial advisor, people are benefiting a lot by using this currency we know it. Moreover, we have seen that Bitcoin has given people financial freedom, and it has been invested by many people who are benefiting from it. We know that Bitcoin is legalized in different countries and there are many places where people can do it easily, from buying goods with Bitcoin to payment systems. Bitcoin can offer much more privacy and security than real currency which is why most people invest here, so if you want to invest in Bitcoin it is profitable.


Title: Re: What is bitcoin for you?
Post by: Gaza13 on June 11, 2024, 05:39:23 PM
Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.
If someone already understands how they run their business or business, of course they will definitely run or use investment as a business field for additional income for them. The goal in investing is how our money continues to work to make money for ourselves. Investment can be said to be the same as saving for our future. Even though Bitcoin cannot be physically held, it is of great interest to people around the world because they know that this asset has quite a large profit impact for the people who own it.


Title: Re: What is bitcoin for you?
Post by: Antonil on June 11, 2024, 10:08:53 PM
Bitcoin is money to me. The price of a single bitcoin drops to an average of $40k throughout the year. Which is a complete piece of income for middle class people.

As we all know bitcoin is a national smart currency, being smart means exchanging money anytime, anywhere within seconds. It is independent, the sender and recipient will not receive any information about this currency outside the pain, which gives this currency independence. 

All in all I want to say that I love bitcoin, because the price is in a way that is always useful in people's danger.


Title: Re: What is bitcoin for you?
Post by: Onyeeze on June 11, 2024, 10:27:01 PM
Bitcoin is a digital currency, asset and and financial advisory that creates the avenue for your privacy, security and profitability, Bitcoin is all about having freedom in financial aspects, if you think you're done and tired of government, KYC and regulations, then you need to learn about bitcoin, adopt it and invest in it, these are the hidden truth the government will not allow for you to go for except you make a discovery of that by yourself.
in addition bitcoin is decentralized currency that has no link with government support and it stand for it own without  a collaboration with central government currency, so therefore the value remain decentralized and that is why it do have attacks by government agencies across other nations, from my understanding of bitcoin is a digital currency which you can invest and monitor all allow due to the way you have seen its regulatory system, its clear that nobody will help you to monitor your crypto except you, and that's why it stand to be decentralized currency.


Title: Re: What is bitcoin for you?
Post by: el kaka22 on June 12, 2024, 02:06:33 AM
For me it is a currency, not an asset. I have talked about this many times before in other topics as well for many years now, but as someone who dislikes my own fiat that my nation has, for me bitcoin is a currency and I love it. Plus, it allows me to work with others all around the world as well, which means that we are going to end up with something much better, we should probably consider how to get better and how to do better for sure.

The reality is that we are not going to see that type of thing all that easily, so we need to make sure that we are dealing with something that will take a while. I need to consider how it can be done, we just need to handle the whole currency thing first before we invest into the asset part of it.


Title: Re: What is bitcoin for you?
Post by: AirtelBuzz on June 12, 2024, 02:47:25 AM
Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.
All members connected with crypto currency know that Bitcoin is a digital decentralized currency. What you said that investing in bitcoins involves taking risks yes it is correct. But do know one thing, not only Bitcoin, but whatever coin you invest in, you have to accept risk, ie investing in cryptocurrency involves risk. Investing in bitcoins may not require much experience with bitcoins because if you have a proper investment plan and a source of income to keep investing, you will be able to keep your bitcoin investment going.

Those who are new to Bitcoin investing will surely suffer if they get frustrated by seeing the price of Bitcoin drop and then sell. If they can patiently hold their investment for a long time then they will be successful. Those who have changed their fortunes by investing in Bitcoin have invested for a long time and with patience.


Title: Re: What is bitcoin for you?
Post by: barisbilgili on June 12, 2024, 08:00:02 AM
I have felt a lot of benefits from Bitcoin, this is my belief in investing for the future and I invest much more calmly even though there is a big risk, but I am quite sure there will be big profits too.

There are many benefits of Bitcoin that we can experience now and in the future. The point is that we have to believe and learn many things before doing anything, whether trading or investing.

But again, every positive benefit that we can get is also accompanied by the same level of risk, so if we can learn to minimize this, there will be quite a lot of positive things or benefits that we can get.


Title: Re: What is bitcoin for you?
Post by: Psalms23 on June 12, 2024, 01:06:59 PM
To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.


Title: Re: What is bitcoin for you?
Post by: AYOBA on June 12, 2024, 01:37:43 PM
Bitcoin can be defined in different ways, since it has helped many people secure their assets and also gain some profits from the assets they keep for a long period of time. Bitcoin is a digital currency in which you make use of your money and invest the little amount that you can afford to lose. The reason why people's given advice  always that we should invest the amount we can afford to lose is because bitcoin investment involves risks that, if you don't have so much knowledge about them, it may lead you to lose all the assets that you have been holding for a while.
 
Morever, as this your level now, which is newbie, this is the right time for you to go and do much research about the Bitcoin investment rather than ask a short question about Bitcoin. It will be good if you take your time and create a thread that will concern only Bitcoin to advance your knowledge.